The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1887-06-29
Probability That rwsntY-SiarY Strust7rs Nsy
Yet Adurn New York's Broadway.
The Difficulties Basettirg District Attorney
MARITIME in ths Booalsr Trials.
4 Reform Of Law Practice Which John D.
Townsend is EaieaVorirg to Wark O1t
The Next Bankers aIeetsn g-Dana and Pa
l1tzer Not to FIght-Jake Sharp and
Legislation-Whitela Reid.

this city is not yet completed, but il mas
been thrown open to the public use, and
has already become one of the fixed points
which Sightseeing strangers never fail TO
visit. There is probably no building in the
world devoted exclusively to business of
greater magnihcence than the Equitable.
and the company never seems to weary of
beautifying and enlsrging it. Eventually
it will occupy the entire block, 200 by 400
feet square, between Broadway AID Nassau
and Pine and Cedar streets; and there is no
telling how high in the air it will go in the
near fu ure, when the directors of the CON-
paGy realize that there is no more
Of the worlds surface for them to
CONQUER. The possibility of higher ele-
walton OF this magnificent pile of granite
and brick was evidently anticipated when
the foundation stones were laid, for they
are of sufficient breadth and depth to sus-
tain several stories on top of the dozen now
completed. Twenty story buildings in
lower Broadway are not at all unlikely
things. Land is too valuable in that mar
row and busy strip of less than half mile
square, between East and North Rivers and
Chambers street and the Battery. Tue
Equitable set the fashion of high bui 'diugs
years ago, and President Hyde and Vice.
President Alexander, who are the moving
spirits of this vast corporation seem de-
teTmined to maintain the lead In future de-
yelopments in the some direction.
.ptof the great difficulties against
wnI, J District Attorney MARITIME has le-
bored in the trial of the aldermanic hood
lers and bribers have only just been devel-
oped by the Sharp trial now progressing.
Moloney and keenan,, two most important
witnesses, were early spirited away, aud
have been kept away, greatly to Mr.. Mar
tines disadvantage. 1t appears by the new
testimony introduced in the Sharp trial
that ]. W. Forshay, president of the Sew
enth Avenue Railroad, and Thomas B.
Kerr, treasurer OF SharP's road. were the
two men who raised the $500 600 in 81 090
bills which found its way into the hands
of the boodiers. A few months ago For
shay lay down aud died suddenly-of heart
disease, it is said, or chsgrin or shame or
som ethiDg akin to over .ssnstiYeness or re-
morse. A few days before the trial of
Sharp was to begin Mr.. Kerr was thrown
from his carriage in Central Park, and has
been so disabled since as to be unable to
testify in court, if, indeed, at all. The
$4,000 with which to bride the Aldermen
was raised from about half a score of
finsncers all of whom had been in the
street railway lines before. The principal
contributor. who took one-fifth of the
whole, was Seymour l. Hustled, of Book
lyG, who had once been driver on a
Brook Ign line which he soon owned He
tine, but while the Jury was being i'm
panneled Hustled was taken ill, and the
cay before the taking Of testimony began
he, too, died. But these unexpected OBJ
stacles are being overcome. and l do not
doubt that before this reaches you for pub
LEGATION the verdict OF guilty will be regis
tered against Sharp.
have had several inquiries as to the law
suit in which Hon. John ID. Townsend has
epgsged on his own behalf, in the interest
of reform OF the bar, to which | alluded
last week. This interest is not at all I'M
natural. for Mr.. Townsend has been promi-
nent for many years in various more or
less successful efforts 10 reform the bar of
this city. HIS first prominent appearance
in this capacity was in the effort to inn
peach and remove the corrupt Albert Car
deco from the bench of the Supreme Court.
CaTdozo heard in some way that Townsend
was about to open fire on him before
legislative committee. and, waiting until
the redoubtable little reformer was in
sight with bis little gun at full COCK, he
suddenly resigned and the bench was once
more purified. He went next for the hoarY
scalp of the venerable Edwin Y. Stoughton,
but Stoughton died before the little legal
reformer could overtake and squech him.
His hand has been raised in frequent
threats against those whom he calls ENG
4lsn COnNlCiS dBQ CCOtCu duNcuIuEeISi N4O
have fastened themselves like barnacles on
the bottom of the good ship of The law;
and II is TowDsend's frequent assertion, il
not his liked resolution, to relieve the pro-
fesSion of the odium of their membership.
do not feel at liberty to indicate ex-
actly what member of the legal profession
Mr.. Townsend proposes TO reform out OF it
in bringing the suit have alluded to; but
if be has done what his client and his late
managing clerk gay has been done Ia two
cases, MT. TOw1send's efforts will be heart
lily approved, and certainly as heartily sec
onded as this old pen OF mine can do it.
will outline only single case which Mr..
Townsends suit will bring out against the
lawyer alluded TO He had a client who
kept CLUB house" Tor the uss OF several
prominent brokers. where they could meet
their lady frieDds-or, more operlv
speaking, the ladies of their friends-and
indulge in Glove and birds and Burguu.
dy." The brokers finally quarreled, and
| the Club" broke up in
row. The lawyer learned of this
part of his clients business, and induced
that client to let him sue the brokers for
| $4,000 damages TO the business But it
became necessary as the trial approached
| for the client TO commit perjury to win
/ the suit, and as the client would not do
| this, the lawyer had to abandon the suit TO
} AVOID luI0lllallOu. anu il6 tGuulcSb buluB
about the whole mat ter is that the defend
/ ant whom Townsend is suing is the person
who saved the lawyer from the inevitable
disgrace which a public trial would have
| brought about. But Mr.. Townsend's suit
makes public exposure possible thing, as
it is well known that in all his efforts to
| purify the bar Mr.. Townsend never backs
down-at least, hardly ever; and there are
many scores OF lawyers and others who
will rejoice when Mr.. Townsend's suit re-
suits in inquiries by the Bench and Bar
Association.
DIR. George Msrsland, the energetic secre-
taTy Of the Bankers Association, tells ME
that the convention this year will be held
Ia Pittsburg, Pa, on October II and Il. DR..
Marsland has been collecting through the
National Press Intelligence Company, of
this city, statistics and data for the prepar-
alton of a paper preliminary discussio
| 10 the convention, on the prevention of
losses TO banks by frauds. forgeries, de-
felcations and other i6uciary malfessaace."
The convention will also discuss thsqnss-
ton of the practical safe of bank AZ S.
and will probably appoint a c0mnliJ'se %
| investigate the serious current reports of
the insecurity of safes as Low gel rally
manufactured Two mighty important
topics.
The attest Development in the Sh rp
case was the testimony Of the employe OF